Spheris Dramatically Increases Profitability

Early adopters of Spheris are by the very nature of using the platform, indicating their belief in the long term value of the Ethereum blockchain and it’s potential uses. Ethereum has seen a massive spike in popularity and also in the amount of companies and software developers who are beginning to utilize it for it’s benefits that no other form of technology has to offer.

While Bitcoin may still be the dominant cryptocurrency, Ethereum is very fast becoming the Blockchain of choice for those who realise that it’s a technology whose applications go far beyond just cryptocurrencies.

We’re now starting to see adoption of this technology in many different industries, and not just the financial markets where blockchain technology was originally making waves.

The future generation of application developers are starting to adopt Spheris as their preferred choice for distribution as it offers significant benefits over traditional methods. Adopters of Spheris are realizing that the benefits are not just limited to distribution, and that using an Ethereum based platform and being paid in Ether, have significant flow on effects that are tied not only to how they interact with their customers, but it has implications for how they run their business as a whole.

Since the developers will already be working closely with Ethereum by using Spheris as their form of distribution, it makes sense that they might stick with the technology for raising funds for their development. This is another aspect of why Ethereum is a real game changer. The last 5 years has seen the rise of crowdfunding to be a very legitimate source of capital raising for companies and investments and this is another space where Ethereum is once again shaking up the industry.

Ethereum has in-built crowd funding abilities with several companies already successfully demonstrating how effective investments rounds can be for raising Ether. It looks as though Kickstarter, while being the original pioneer for crowdfunding is going to have to step aside as more companies raise funds in the form of cryptocurrencies, specifically Ether due to the ease of how Ethereum can be utilized for this purpose.

When you consider that Kickstarter’s fees average out to be around 10% of all capital raised, and if the company is a software developer, they are then being charged 30% for all transactions on the Google Play Store or the App Store, it makes a huge dent in the company’s profitability.

Instantly by switching to raising funds via Ethereum and distributing apps with Spheris, companies will have a 10% higher net worth and will add an additional 30% profitability to their bottom line. This is huge for the longevity of development companies and it also allows them to lower their prices and be far more competitive than they could be with traditional distribution methods.

Not only does using Spheris make total sense for any company that seeks to be more profitable, but by not adopting this platform, companies run the risk of being left behind when the disruption of the application industry hits critical mass and changes forever.

Disclaimer: Statements in this article do not represent the views or policies of anyone other than myself. The information on this site is provided for discussion purposes only, and are not investing recommendations. Under no circumstances does this information represent a recommendation to buy or sell securities.

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